Will Hollywood ever get on the blockchain?
The question of whether entertainment industry dealmakers will ever embrace cryptocurrency and blockchain technologies as a solution to the age-old problem of Hollywood accounting is discussed by two experts in the crypto realm on the latest episode of Variety podcast “Strictly Business.”
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Tarun Chitra, founder and CEO of research and advisory firm Gauntlet and co-host of the crypto-focused podcast “The Chopping Block,” and Lee Reiners, a Duke University professor who studies financial regulation, discuss how the transparency and permanency of blockchain ledgers might be useful for deals in which a number of participants have small profit stakes that pay out over many years.
Chitra is an investor who outlines the need for crypto’s decentralized approach to finance, i.e. putting the faith in the blockchain community rather than a big financial institution. He sees…
